Markets

Market Round-up: Naira flat at N362 to $1, active T-bills trading, overnight lending rate up 350bps

The Nigerian naira traded flat at N362 against the American dollar in the parallel market for the 10th consecutive session.…

Walgreens Boots Alliance to replace General Electric on Dow Jones index next week

The S&P Dow Jones Indices has announced Walgreens Boots Alliance, an American pharmaceutical chain company as a replacement for US…

Nigeria’s historical world cup data favours local stock market, says United Capital

A 60 percent chance of a potential uptrend in Nigeria's local bourse has been predicted by researchers at United Capital.…

NSE to introduce changes to equities market microstructure July

The Nigerian Stock Exchange (NSE) will be introducing changes to its equities market microstructure in a bid to improve trade…

Nigeria system liquidity levels to spur buy interest ahead of PMA

Nigeria system liquidity, which was bolstered by maturing open market operation (OMO) bills of N244.0 billion last week and the…

Rates may trend higher as market expects OMO mop-up this week

IN THE ABSENCE OF CBN’s frequent open market operation (OMO) mop-ups last week, which saw activities in the money market…